Question

From a resource-based view, explain why US exports are so competitive?

Answer 1

From a resource-based view, explain why US exports are so competitive?

From a resource-based view, America’s exports so competitive because the U.S. economy is the second largest exporter, but exports are almost the same as the first largest exporter China's. This makes American exports more competitive. And in the hard times after the great recession, American exports helped fuel the recovery.

Firstly, American exports have value, such as civilian aircraft, to reduce fuel consumption. The second is rare and difficult to imitate, monopolizing part of the export market. The third is that American exporters are more productive and efficient than their global competitors.

Secondly, U.S. federal agencies provide assistance. The United States has free trade agreements with 18 countries. Participate in congress to lower barriers to U.S. exports and create a stable and transparent trading environment. And the U.S. government is pushing for better markets and trade terms for American exporters. Given the us trade deficit, us exports have more room to grow. In addition to formal institutions, informal norms and values play a role behind American exports, both at home and abroad. Therefore, from the perspective of resources, the reason why American export products are competitive is the production of cost control, making it cost effective. Major resource agreements with trading countries to focus on internal resources and capabilities.

Finally, U.S. exports use strategic resources that are bound to be used in a way although America's exports a competitive advantage over their competitors. Like there are original quality problems in products exported from the United States. The United States must regard quality as a strategic resource and manage it effectively to restore brand value. America's exports are priceless, rare and hard to imitate. And the uniqueness of some of these products helps maintain the competitiveness of those products and the competitiveness of the United States itself.

They are the reasons why are US exports so competitive.